In July of 2016, Crain’s Chicago Business reported on Phil Tadros,ย owner of Chicagoโ€™s Bow Truss Coffee and other ventures. Now in July of 2017, the business journal is now being sued by Tadros for at least $38 million,ย according to NBC Chicago.

As per the Chicago NBC affiliate, the suit claims โ€œdefamation and infliction of emotion distressโ€ on the part of Crainโ€™s. The basis of the suit is an article posted last year:

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The article, titled โ€œOne of Chicagoโ€™s most connected entrepreneurs has made more than a few enemiesโ€ caused Tadros to lose accounts and investors for his businesses, including coffee contracts with Hilton Hotels, Merchandise Mart, Whole Foods and University of Chicago, the suit claims. Another business, Doejo, lost a contract with Lurieโ€™s Childrenโ€™s Hospital.

As a result of the article, landlords attempted to terminate his leases, his relation with his partner in Budlong โ€” a Nashville-style hot chicken restaurant โ€” deteriorated, the suit says. Additionally, his personal relationships, including his marriage, suffered as a result of the article.

The suit alleges that business journal โ€œfailed to investigate anyone or anything that would conceivably portray Mr. Tadros in a positive light.โ€ It also includes a statement Shaye Robeson, one of Tadrosโ€™ ex-business partners quoted in the Craneโ€™s articles:

โ€œWhen Crainโ€™s interviewed me about Philip Tadros I shared many positive things about him โ€ฆ I regret being interviewed and feel misled.โ€

On top of the $38 million in damages, the suit is seeking to โ€œretract the story and prevent [Crainโ€™s] from publishing or disseminating the article.โ€

For more information on the dispute, check out NBC Chicagoโ€™s coverage. The filed lawsuit can be viewed here.

Zac Cadwaladerย is the news editor at Sprudge Media Network.

*top image viaย Chicago Cultural Mile

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